Here are the key points from the latest PortfolioDirect investment report
John Robertson
PortfolioDirect
Here are the key points from the latest PortfolioDirect investment report. Cyclical conditions have shown no improvement although, in contrast to the price action, a statistical analysis of physical market balances suggests the copper market is actually close to another cyclical take-off point. Global conditions appear to have stopped deteriorating but the US Federal Reserve remains hard-pressed to justify policy tightening. The trajectory of sector prices remains upward with falling volatility being a sign of improving confidence about sectoral outcomes. The momentum of gold equity prices has stalled. Unusually, some of the biggest gains in the sector in February came from the largest stocks. Exploration stocks appeared unable to hold their gains for long. Sipa Resources was removed from the model portfolio after a recent strong share price rise. (VIEW LINK)
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John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business strategist and investment market professional for over 30 years after starting his career as a Commonwealth Treasury economist in Canberra. Since being Australia's top-rated commodities analyst and chief economist at one of Australia' leading stockbroking firms, he has advised companies across the mining, consumer products, IT and biotech sectors on their equity market relations. He leads the firm's investment evaluation and security structuring activities on behalf of the Australian Small Scale Offerings Board (ASSOB), the world's first equity 'crowdfunding' investment platform. John Robertson discusses the interaction of mining and investment markets in his weekly 'From the Capital' column in Mining Journal.
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John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
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